Cadillac's new XTS isn't just headed to China, it will be built there. The forthcoming full-size luxury cruiser had already been earmarked for production in General Motors' Oshawa, Ontario Assembly Plant, but the automaker has just announced in Beijing that it will also be built in China with its joint venture partner Shanghai General Motors.

Cadillac is still a relatively small player in China's premium segment, with just 68 dealers and 30,000 sales last year. However, it's growing quickly, with March sales up more than 35 percent year-over-year to 2,745 units. Better still, General Motors says Cadillac's average buying age is very young - just 35 - and it expects to have 120 dealers online by the end of this year to meet growing demand.